Mining Profitability Calculator - BitcoinZ Forum Archive

Mining Profitability Calculator

Hi everyone,

I've been working on a simple mining profitability calculator for BitcoinZ and wanted to share it with the community. This should help miners determine if mining BTCZ is profitable for their specific setup.

You can access the calculator here: https://btcz-calc.herokuapp.com/

The calculator takes into account:

  • Your hashrate (in Sol/s)
  • Power consumption (in watts)
  • Electricity cost (in USD/kWh)
  • Pool fee (%)
  • Current network difficulty
  • Current BTCZ price

It then calculates your estimated daily, weekly, monthly, and yearly earnings in both BTCZ and USD, as well as your power costs and net profit.

The calculator automatically fetches the current network difficulty and BTCZ price, but you can also manually adjust these values if you want to run projections based on different scenarios.

Please let me know if you find any bugs or have suggestions for improvements!

This is great! I just tried it with my setup (6x GTX 1070s) and the numbers seem accurate based on my actual mining results.

One suggestion: Could you add an option to input hardware costs so we can calculate ROI (return on investment) timeframes?

@MiningExpert - Thanks for the feedback! That's a great suggestion. I'll add a hardware cost input field in the next update so users can see their estimated ROI timeframe.

For anyone else who tries the calculator, here are some typical hashrates for common GPUs mining BitcoinZ (Equihash algorithm):

  • GTX 1050 Ti: ~180 Sol/s
  • GTX 1060 6GB: ~300 Sol/s
  • GTX 1070: ~450 Sol/s
  • GTX 1080: ~600 Sol/s
  • GTX 1080 Ti: ~750 Sol/s
  • RX 470/480 4GB: ~260 Sol/s
  • RX 570/580 8GB: ~300 Sol/s

These are approximate values and can vary based on your overclock settings and system configuration.

This calculator is really helpful! I'm just getting started with mining and was trying to figure out if my gaming PC could profitably mine BitcoinZ when I'm not using it.

One question: The calculator shows I'd make about 50 BTCZ per day with my GTX 1060. How long does it typically take for pools to pay out? Do most pools have a minimum payout threshold?

@NewMiner - Most BitcoinZ pools have minimum payout thresholds ranging from 0.01 BTCZ to 1 BTCZ, depending on the pool. With a GTX 1060 generating ~50 BTCZ per day, you'd hit even the highest thresholds within a day.

As for payout frequency, it varies by pool:

  • Some pools pay automatically once you hit the threshold
  • Others pay on fixed schedules (every hour, every 4 hours, etc.)
  • A few pools only pay manually when you request it

I recommend Equipool or Miningspeed for beginners. Both have low minimum payouts (0.01 BTCZ) and automatic payments.

@Bitcoinzer - Great calculator! One thing to consider adding is a difficulty trend projection. The current difficulty is just a snapshot, but mining profitability is heavily influenced by how difficulty changes over time.

Based on the data I've been tracking, BitcoinZ difficulty has been increasing by approximately 5-8% per week. This means that if all other factors remain constant (price, hashrate, etc.), your mining rewards will decrease by 5-8% each week.

Perhaps you could add an optional "Estimated weekly difficulty increase %" field that would show projected earnings over time with the difficulty adjustment factored in?

Thanks for all the feedback everyone! I've updated the calculator with the following new features:

  • Added hardware cost input for ROI calculations
  • Added difficulty increase projection (you can set the % weekly increase)
  • Added a "Compare GPUs" feature where you can see profitability for different hardware side by side
  • Added more preset configurations for common GPUs

The updated calculator is live at the same URL: https://btcz-calc.herokuapp.com/

@DataAnalyst - Thanks for the suggestion about difficulty projections. I implemented it and it definitely gives a more realistic picture of long-term profitability.

I'm planning to add a few more features in the coming weeks:

  • Historical difficulty chart
  • Price trend projections
  • Mobile-friendly interface

Let me know if you have any other suggestions!